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Hudson Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141589002 ✦ Hudson, NY ✦ Designated as a 501(c)(3)

Overview

What is Hudson Development Corporation?

Hudson Development Corporation, located at 1 NORTH FRONT STREET, HUDSON, NY 12534, is a nonprofit organization dedicated to alleviating adult unemployment and enhancing employment opportunities. They achieve this goal by promoting instruction and training programs designed to improve or develop individuals' abilities. The organization's mission is multifaceted, aiming to better maintain job opportunities, reduce unemployment, and ultimately provide a platform for individuals to advance their capacities in the workforce. The corporation's efforts extend beyond numbers, with a small team of just two dedicated employees.


Official website here: www.hudsonfirst.com

Is Hudson Development Corporation legitimate?

Hudson Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $61,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hudsonfirst.com

What is the mission statement of Hudson Development Corporation?

Hudson Development Corporation's mission is centered around alleviating and reducing adult unemployment, as well as enhancing and preserving job opportunities. The corporation also focuses on promoting education and training programs to help individuals enhance their skills and capabilities, thereby increasing their chances of securing employment. Furthermore, Hudson Development Corporation engages in scientific research to support these objectives.


Official website here: www.hudsonfirst.com

Who is the CEO of Hudson Development Corporation?

Phil Forman is the President of Hudson Development Corporation.


Official website here: www.hudsonfirst.com

What is the revenue of Hudson Development Corporation?

Hudson Development Corporation's revenue in 2022 was $2,110,550.


Official website here: www.hudsonfirst.com

Who are the executives of Hudson Development Corporation and what are their salaries?

The average compensation at Hudson Development Corporation during 2022 was $30,706. There are 2 employees and 13 volunteers at Hudson Development Corporation.

Here are 15 key members and their salaries:

    Branda Maholtz (Former Executive Director)
  • Compensation: $38,375
  • Related: $0
  • Other: $0

    • Misty Mcgee (Executive Director)
  • Compensation: $10,625
  • Related: $0
  • Other: $0

    • Christine Jones (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Haddad (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Forman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Barrett (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Colarusso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seth Rogovoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristan Keck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kamal Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Depietro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Schram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristal Heinz (Legal Counsel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hudsonfirst.com

    Where can I find the form 990 for Hudson Development Corporation?

    The Hudson Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hudsonfirst.com

    Learn more at the official website: www.hudsonfirst.com

    Mission Statement of Hudson Development Corporation

    Hudson Development Corporation is dedicated to alleviating and reducing adult unemployment, enhancing existing job opportunities, and fostering the education and improvement of individuals' skills to increase their employment prospects. Their mission encompasses providing instruction or training to individuals, aiming to enhance their capabilities and open up more employment opportunities for them. Furthermore, the organization engages in scientific research to support these objectives. In essence, Hudson Development Corporation plays a crucial role in empowering individuals to secure and maintain employment, thereby contributing to a more robust workforce.

    Impact

    This information is meant to be a general summary of Hudson Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hudson Development Corporation plays a critical role in the Hudson community by working to relieve and reduce adult unemployment, improve job opportunities, and provide training to enhance individuals' capabilities for employment. Through its dedication to these goals, the organization positively impacts the lives of individuals by helping them secure job opportunities and develop valuable skills to succeed in the workforce. Overall, Hudson Development Corporation's efforts contribute to the community's economic development and enhancement of residents' quality of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,091,838
  • Program Service Revenue: $0
  • Gross Receipts: $3,033,392

    • Assets and Liabilities:
  • Total Assets: $3,126,943
  • Total Liabilities: $199,454
  • Net Assets: $2,927,489
  • Organization Details

    Founding Year

    1976

    Principal Officer

    Phil Forman

    Main Address

    1 NORTH FRONT STREET, HUDSON, NY, 12534

    NTEE Category

    Code: S30Z - Community improvement

    If you are a representative of Hudson Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.